Finance

Mabbett acquires majority share in Hampshire firm GEP Environmental

Published by
Stephen Emerson

Hampshire-based GEP Environmental has been acquired by Scottish firm Mabbett following a long period of cooperation between the two companies.

The majority investment in the energy and environmental consultants - which has offices in Winchester, Edinburgh, Anglesey and Caerphilly - comes following a decade-long working relationship.

Glasgow-headquartered Mabbett specialises in planning, design, environment, engineering and safety consultancy.

READ MORE: Quarter 2's South East deal highlights: Major acquisitions and investments

Mabbett managing director, Derek J. McNab, said: “We are delighted to add GEP Environmental to the Mabbett group in a deal that we believe will bring huge benefits to the clients of both companies going forward, not to mention the new opportunities that the enhanced service offering and reach will bring.

“Having enjoyed a decade-long working relationship with GEP Environmental - as contractor/sub-contractor and vice versa - we have long admired their values and capabilities. There are great synergies between the companies in the energy engineering and environmental sectors but also some complementary skillsets and services that will introduce new ways of doing things for both companies. I think learning from each other will make us stronger as a unit.”

EVENT: head of economics at HSBC to speak at The Business Magazine's Business Resilience event >>

Mabbett say the deal will enhance the technical resources and service offering of the combined group , which will number in excess of 100 people, whilst also extending its reach to cover the entire United Kingdom, adding to current Mabbett offices in Belfast, Cardiff, Carlisle, Dundee, Forres, Glasgow, Inverness, Leicester, Liverpool and Rosyth.

GEP environmental director and principal environmental consultant, Peter Schofield, said: “It’s great to announce that we have joined the Mabbett group at what is an exciting time for both companies. There is so much appetite and opportunity in the marketplace right now for the services we both offer and, together, we will be able to better capitalise on them.

“GEP will now be able to offer the integrated end-to-end service - from strategy through to implementation - it is known for across a much broader spectrum of services, which will be a huge plus to our collective client base.”

Acquiring GEP Environmental is Mabbett’s third major strategic investment since transitioning into Inverness-based investment company, GEG Capital Ltd.

Mabbett acquired leading Highland planning and design consultancy, GHJ, in Q1 2022 as well as the acquisition of the assets of Nevis Environmental, an independent ecology, environmental management, and planning services consultancy. The deal comes on the back of a year of double digit growth at Mabbett in which time they have added 25 new staff positions across the UK.

GEG Capital Director, Jia MacKenzie, said: “We welcome GEP Environmental into the Mabbett group. With excellent values, reputation and capabilities in their field, we see them as a perfect match for Mabbett, and expect it to be a catalyst for further growth both regionally and sector-wise. Alongside Mabbett MD, Derek J. McNab, we look forward to working with Peter Schofield, Glyn Mountford and their team to pursue the abundant opportunities in a growing sector.”

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

Recent Posts

Magnificent 7: Property Law Firms in the Thames Valley

Property law firms play a pivotal role in facilitating smooth real estate transactions and resolving…

13 hours ago

Henley Festival pens five-year agreement with Royal Regatta

Henley Festival and Henley Royal Regatta are set to continue their partnership after signing a…

16 hours ago

Bicester’s Everrati partners with luxury Dubai car brand W Motors

Everrati, a Bicester manufacturer of electric vehicle powertrains, has entered into a strategic partnership with…

22 hours ago

Merlin Entertainments appoints its first chief marketing officer

Merlin Entertainments, which oversees 140 global attractions across 23 countries from its base in Poole,…

22 hours ago

Berkshire’s Beans Coffee Club nears £80k fundraising target

A Bracknell business looking to make freshly roasted coffee accessible to a wider market has…

22 hours ago

New hire to lead Evelyn Partners’ financial planning team in Bournemouth

Wealth management and professional services group Evelyn Partners has appointed Danielle Pearce as a financial…

22 hours ago